1.Yes, I am aware that only a minority (c.10%) of Europeans (& Indians, other Asians etc.; but a higher % of Americans) have aircons- but (from links I previously provided), aircon use is now rapidly growing in the aforementioned areas.
Other articles have stated that heatwaves there:-
. have caused some countries to increase their thermal coal usage &/or imports in summer, so they can avoid power blackouts.
. place great pressure on their power grids, sometimes causing power blackouts.
. some countries have asked their citizens to reduce their use of aircons, to avoid blackouts.
It has been stated that power usage grows strongly in heat waves (& it has also been reported that wind turbines & solar panels sometimes have reduced power output, in strong heat waves, due to technical problems associated with the renewables' technology.
(It seems @Higgo72 is alluding to this, in his post directly above).
mit Technologhy Review 20.7.22
https://www.technologyreview.com/2022/07/20/1056271/europe-heat-waves-air-conditioning/
2. My CMC share account provides "News" daily, of Dow Jones articles, headlines only.
For 18.7.22, Dow Jones stated that:-
. Goldman Sachs raised its SP Target by 3% for WHC- now to $8
. Jeffries raised its SP Target by1.3% for WHC- now to$8.05
. Bell Potter reduced its SP Target by 14% for WHC- now to $6.
Can anyone post here, please, the full reports of these stockbrokers (& any other Stockbroker reports, post the 17.7 WHC Announcement)?
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